Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month High – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 800 and last traded at GBX 840, with a volume of 3017 shares traded. The stock had previously closed at GBX 840.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Wednesday, May 20th.

Arbuthnot Banking Group Price Performance

The stock has a market cap of £134.64 million, a P/E ratio of 7.56, a PEG ratio of 0.38 and a beta of 0.45. The firm’s fifty day moving average price is GBX 853.32 and its two-hundred day moving average price is GBX 872.46.

Arbuthnot Banking Group (LON:ARBB) last released its quarterly earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%. On average, research analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

Arbuthnot Banking Group Company Profile

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.